So we use silver
Comment on Alchemy is so hot right now.
explodicle@sh.itjust.works 1 month agoInfinite gold would be useful for electronics, but it would destroy gold’s utility as a long-term store of value. So the wealth for shareholders would be finite, taken from today’s gold holders.
HeyThisIsntTheYMCA@lemmy.world 1 month ago
explodicle@sh.itjust.works 1 month ago
I’m no physicist, but it seems like once transmutation is a thing, it won’t stop here.
It would be like a quantum computer breaking Bitcoin and so we fall back on Ethereum.
HeyThisIsntTheYMCA@lemmy.world 1 month ago
JATtho@lemmy.world 1 month ago
I don’t know, if you gather one proton’s and two neutrons worth of energy, localized entirely within the supposed space of an atom, you could generate mass from energy. However, what that energy converts into, is entirely random, so I would guess most of the time you just get realllly high energy photons out of it.
WolfLink@sh.itjust.works 1 month ago
Mercury isn’t infinite, it just isn’t as broadly useful and valued as gold.
ulterno@programming.dev 1 month ago
Guess we know what price will go up as Gold drops